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All Journal E-Journal Perdagangan Industri dan Moneter JEJAK Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Economics Development Analysis Journal Buletin Ekonomi Moneter dan Perbankan Jurnal Ekonomi Indonesia
Muhammad Edhie Purnawan
Fakultas Ekonomika Dan Bisnis, Universitas Gadjah Mada, Indonesia
Economics, Econometrics & Finance Industrial & Manufacturing Engineering

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Journal : Jurnal Ekonomi Indonesia

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Significant Effect of the Central Bank Digital Currency on the Design of Monetary Policy Muhammad Edhie Purnawan; Retno Riyanti
Jurnal Ikatan Sarjana Ekonomi Indonesia Vol 8 No 1 (2019): August
Publisher : Jurnal Ekonomi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52813/jei.v8i1.15

Abstract

Entering the millennial era, technology has taken a big role in most sectors of life, including the currency as a product that can only be issued by the central bank. This paper examines the significant effect of central bank digital currency (CBDC) on the design of central bank monetary policy. The paper then sets out some benchmark central bank digital currency (CBDC) in several countries. Many central banks are actively exploring the initiation of sovereign digital currencies. Primary results this study is CBDC providing new monetary instruments, CBDC can improve financial inclusion, and CBDC is potential improvements in monetary policy transmission.
Co-Authors Dwi Hastuti Inda Fresti Puspitasari M. Abd. Nasir Muhammad Taufan Ni Putu Wiwin Setyari Retno Riyanti Sunargo Sunargo Tri Widodo Tri Widodo